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Which of the following is not a step in the four-step portfolio management process? Develop an investment policy statement. Study current financial and economic conditions
Which of the following is not a step in the four-step portfolio management process?
Develop an investment policy statement. | ||
Study current financial and economic conditions (investment strategy). | ||
Construct the portfolio. | ||
Monitor investor's needs and changing market conditions. | ||
Engage in market timing and stock picking to boost |
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